Property investors have seen a -4.47% drop in GOLDEN BAY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GOLDEN BAY, 6174 saw average growth in the long term.
the WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $352,500
Profits averaged -3.4% per annum over a 3-year period, due to an downward trend in home prices in GOLDEN BAY, 6174.
This means, real estate investors could earn a rental income of $317.5 based on current median home prices for the suburb.
The gross rental yield in GOLDEN BAY, 6174 is 4.68%.
An average of 6.5 real estate transactions take place per month in GOLDEN BAY which translates to 78 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $352,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.47% | N/A |
| Median 12 month | -6% | N/A |
| Median 3 years | -10.19% | N/A |
| Median 5 years | 3.68% | N/A |
| 10 years average annual | -1.78% | N/A |
| Weekly media advert. rent | $317.5 | N/A |
| Time on Market | 92.2 days | N/A |
| Gross Rental Yield Percent | 4.68% | N/A |
There is a threshold for the land value...
Hi Ho Ping
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